401(k) · DOL Form 5500 · 2022
Southern California Permanente Medical Group 401(k) Plan
Data updated 2026-08-06
- $4.7B
- Total assets
- 17,255
- Participants
- 100th
- Percentile by assets
- $272,137
- Avg per participant
Official DOL plan name: The 401(k) Plan for Permanente Medical Groups · Sponsored by Southern California Permanente Medical Group · California · Healthcare & Social Assistance
$4.7B in assets, 17,255 participants
Southern California Permanente Medical Group's The 401(k) Plan for Permanente Medical Groups reported $4.7B in total assets and 17,255 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 100th percentile by assets (of 139,258 plans)
- #20,063 in Healthcare & Social Assistance (20,087 peers)
Coverage in California
The 401(k) Plan for Permanente Medical Groups covers 17,255 participants in California, 27x the typical California plan (state average ~637 per filing). Assets: $4.7B.
- $4.7B
- total plan assets (2022 EOY)
- 17,255
- covered participants
- 100th
- percentile by assets (of 139,258 plans)
- $272,137
- avg assets per participant
The plan reported a net loss of $823M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs California filers
In California, the average filing covers about 637 participants across 14,392 plans. The 401(k) Plan for Permanente Medical Groups reports 17,255 participants - 27x that state average ($4.7B EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $5.5B |
|---|---|
| Net Assets (End of Year) | $4.7B |
| Net Income | -$823M |
| Employer EIN | 951750445 |
| Plan Effective Date | 1956-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southern California Permanente Medical Group)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 81,226 | $18.9B |
| 2023 | 5 | 83,002 | $20.9B |
| 2024 | 7 | 116,967 | $26.2B |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
The 401(k) Plan for Permanente Medical Groups vs. nearby 401(k) plans in California, assets vs. participants
- Wells Fargo & Company 401(k) Plan $45.8B · 205,865
- Google LLC 401(k) Savings Plan $28.9B · 102,963
- Oracle Corporation 401(k) Savings and Investment Plan $21.9B · 46,320
- Chevron Employee Savings Investment Plan $18.6B · 19,946
- Intel 401(k) Savings Plan $18.4B · 54,672
Scale composition for The 401(k) Plan for Permanente Medical Groups
The 401(k) Plan for Permanente Medical Groups reports $4.7B in end-of-year assets across 17,255 participants (0.040% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.019% of 89,805,449 covered participants) - about $272,137 per participant (2.0x the national average assets-per-participant) . Net income for plan year 2022 was -$823M.
This plan identity (EIN 951750445, plan #009) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.7B to $6.5B (+39.2%) while covered participants moved from 17,255 to 18,392 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 17,255 | $4.7B | This page |
| 2023 | 17,083 | $5.6B | Open filing |
| 2024 · index core | 18,392 | $6.5B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Kaiser Permanente Retirement Plan for Scpmg (Defined Benefit (Pension), $8.4B, 50,341 participants)
- Scpmg Keogh Plan (Profit Sharing, $7.9B, 10,749 participants)
- The 401(k) Plan for Permanente Medical Groups (401(k), $6.5B, 18,392 participants)
- Kaiser Permanente Supplemental Savings and Retirement Plan for Scpmg (Money Purchase, $899M, 6,452 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The 401(k) Plan for Permanente Medical Groups by total assets, not by location.
- Huntington Ingalls Industries Savings Plan (VA) $4.7B · 25,250
- Aep Retirement Savings 401(k) Plan (OH) $4.7B · 16,985
- Deseret 401(k) Plan (UT) $4.7B · 23,455
- Bd 401(k) Plan (NJ) $4.7B · 24,483
Frequently Asked Questions
How did The 401(k) Plan for Permanente Medical Groups assets move in 2022? ▼
How have Southern California Permanente Medical Group plan assets changed over time? ▼
Where does The 401(k) Plan for Permanente Medical Groups rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to The 401(k) Plan for Permanente Medical Groups? ▼
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Filing takeaways
Ways to act on The 401(k) Plan for Permanente Medical Groups's numbers.
- By total assets, The 401(k) Plan for Permanente Medical Groups ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
- Southern California Permanente Medical Group's sponsor-wide assets have grown 38.7% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans